Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: tradeXYZ against KuCoin−0.011%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$289as in the Funding arb table
Net, price: spread back to 7d avg − costs−$280as in the Price arb table
costs, in and out, $10k−$2822.818% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.074%−$7 on $10k
Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.011%, 7d avg −0.026%
Together, before fees−0.002%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin EWYUSDTM189.270.0100pay 0.0100% / 8h3h 37m$975K$612K20x
ShorttradeXYZ xyz:EWY189.250.0050get 0.0006% / 1h37m 48s$6.1M$14.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.5
Price spread: −0.011% → −0.026%
$1.5
Slippage, 4 orders
−$251.81
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$290.81
Costs to cover
2.818%
Break-even
never at this rate
Slippage from KuCoin: live order book, 7 min ago; tradeXYZ: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago7.91 bp169.2 bp −$169doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago0.79 bp10.0 bp −$1011.4 bp −$114doesn't fitdoesn't fit

EWY on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster EWYUSDT0.0000%8h189.34+0.038%$294K$12K20xas long as short
Bybit EWYUSDT0.0000%8h189.35+0.042%$5.1M$4.2M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h189.36+0.048%$4.1M$3.4M50xas long as short
Gate EWY_USDT0.0000%8h189.36+0.048%$4.1M$3.9M50xas long as short
Bitget EWYUSDT0.0000%8h189.37+0.053%$2.7M$2.2M20xas long as short
Variational Omni EWY0.0000%8h189.64+0.196%$1.2M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h189.67+0.212%$750K$400K10xas long as short
SunX EWY-USDT0.0000%8h189.31+0.021%$2.5M20xas long as short
HTX EWY-USDT0.0000%8h189.52+0.132%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h189.45+0.095%$1.7M$37K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EWY_24_5-USD+0.0016%1h189.32+0.025%$300K$667K10xas long as short
Hotstuff EWY-PERP+0.0016%1h189.30+0.016%$28K$12K20xas long as short
Binance EWYUSDT+0.0017%8h189.32+0.026%$27.7M$76.7M50xas long as short
MEXC EWY_USDT+0.0019%8h189.33+0.032%$6.2M$3.8M100xas long as short
BloFin EWY-USDT+0.0030%8h189.46+0.100%$47K$213K50xas long as short
Lighter EWY+0.0032%1h189.21−0.032%$383K$39K20xas long as short
Vest EWY-USD-PERP+0.0046%1h189.41+0.074%$220K25xas long as short
Popdex EWYUSDT+0.0048%1h189.40+0.069%$197K$146K20xas long as short
Coinbase International EWY-PERP-INTX+0.0048%1h189.83+0.296%$530K$291K20xas long as short
tradeXYZ xyz:EWYshort+0.0050%1h189.25−0.011%$6.1M$14.4M20x
Entropy io:EWY+0.0050%1h189.35+0.042%$30K$64K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h189.22−0.026%$4K$12620xas long as short
SoDEX EWY-USD+0.0050%1h189.35+0.042%$746$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h189.24−0.016%$209K$284K10xas long as short
Paradex EWY-USD-PERP+0.0054%8h189.35+0.040%$235xas long as short
KuCoin EWYUSDTMlong+0.0100%8h189.27long leg$975K$612K20x
ApeX Omni EWYUSDT+0.0100%1h189.85+0.306%$13K$265K50xas long as short
Orderly PERP_EWY_USDC_mythos+0.0100%8h189.31+0.021%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0226%1h189.33+0.032%$2K$13K20xas long as short
edgeX EWYUSDC+0.0514%4h189.64+0.197%$425K$283K20xas long as short